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Search Results 0 to 49 of about 69 (some duplicates have been removed)
harry reid warned it will be tough to reach a deal to avoid the fiscal cliff before christmas. we all note deadline, december 31. take a look at how we're finishing the day. the dow jones industrial average up about 80 points today. it was higher, much higher than 100 points earlier today, up two-thirds of 1%. volume on the light side this afternoon. nasdaq composite picked it up. technology up better than 1%. s&p 500 also on the upswing. markets maintaining steady gains all day long. david kudlow and bob pisani and barbara from the street. welcome to all of you. what about coming off the best levels? >> hitting search-week highs. 13,245 is where we ended the night of election and waiting for it to settle out. 13,248, so we are exactly where we were when the elections closed. i think the important thing is as long as there is some indication that they are talking the markets are holding up very well. i think the concern is after a deal happens, i think we'll have it, what will happen after, that and a lot of people are worried now that austerity is coming. that's a negative for stocks
-- >> woody! >> a mitt romney guy. >> yeah, woody. >> that was a cringer. harry reid, come on now. >> it's not right for harry reid to kick the jets around. that's a cheap shot. we can do it. you can't. senate minority leader mitch mcconnell, you just saw him there talking on the floor, he actually found himself, well, in unusual territory thursday. he actually had to filibuster himself. >> no, no, he can't. >> yesterday, senator mcconnell brought a bill to the floor to give the president greater power to raise the debt limit without support. but harry reid called his bluff, agreeing to a straight up-or-down vote. that then forced the minority lead y leader to filibuster his own bill. >> what we have here is a case of republicans here in the senate once again not taking yes for an answer. this morning, republican leader asked consent to have a vote on this proposal, because now i told everyone that we're willing to have that vote, up-or-down vote. now the republican leader objects to his own idea, so i guess we have a filibuster his own bill, so i object. >> is there objection to the ori
will be punished. but take care, harry reid says he feels bad that you have a deal with the rapid members of the tea party. so for more on the story i'm joined by dan gross the global business editor are the daily beast, and joining us from politico's arlington virginia's newsroom. thank you for joining us. >> thank you. >> great to be here. >> dan, let me begin with you. maybe you can give us a feel of why exactly the tea party republicans are upset with boehner's proposal, specifically? >> they are still under the illusion that deficits can be reduced without getting more revenues. you saw this--this has been there sort of article of faith for many years and it has been the republican orthodoxy back in 2011 when arguing with the debt ceiling and spending cuts and nothing about increased revenues, and boehner said he got 98% of what he wanted. when romney was running for office, there was not a peep until the end of the campaign. he was basically saying we could have a balanced budget amendment. we could cap spending and cut it. so their own colleagues have not told them these last many
. >> somehow we found ourselves listening to harry reid. >> yeah. >> on the senate floor. >> mm-hmm. >> comparing the republican party to the new york jets. >> what? >> it's not one of my favorite teams, but it's really, really fun to watch. and that's the new york jets. coach ryan, he's got a problem. he has three quarterbacks. sanchez. he's got tim tebow. he's got a guy like mcelroy. he can't decide who their quarterback is going to be. that's the same problem the republicans are having. romney's gone, but he's still in the background. we have mcconnell, and we have boehner. who is the quarterback, mr. president? who is the quarterback? >> richard haass, a quizical look on your face. >> normally when you play football, you don't decide the other team's quarterback. >> right. >> that's usually for the coach to decide. so why is harry reid worried about who's the quarterback on the other team, and why is he even using this metaphor to begin with? >> it's painful. stop it right now. >> this is why it's a good development. by the way, there's another interesting development with t
/50 and when they're hopeful about a deal, the dow moves higher. when harry reid says something negative, it goes down. chris: do they want a rate hike on the rich or do they like the deductions route more? >> they like the deductions route more for sure. they want a substantive deal. they would like to see the credit rating of the united states raised. chris: it's more important than the how, the fact that there is a deal. >> they absolutely want a deal but also like the cleaner tax code, these guys file tax that is look like war and peace, some have to put their taxes on dollies to file. they need a cleaner tax code. chris: how much of a price does the president have to get out of the rich in terms of increasing the rate and getting rid of deductions so he can take it back to pelosi and the liberal core of the democratic party and say i got enough? >> he needs rates to go up absolutely. he cares that much about pelosi. i think he rightly considers himself in the dominant position. chris: with the house of representatives? >> as a newly re-elected democratic president, he doesn't have t
harry reid will do. i think the republicy have boxe republicans in saying they're sitting in a circular firing squad. put the bill on the floor, take it to the senate, have that discussion and see what the president will have to say. >> ├žjulian, what's your reacti to that? that makes sense, doesn't it? >> i don't think it's a deal that will get anywhere. the larger deal is republican dealers thought they were making a faustian deal with the tea party and what they did was grab a tiger by the tail. it kind of exposes the phoneyness of the conservative movement because even if you consider where boehner and so-called moderates in republican party are, what they're offering, they're offering tax revenue increases most economists would agree are more harmful than what obama is proposing by raising the upper two brackets. and then this party that paraded around as the big deficit hawks, the guys that wanted to control spending, the only cuts they put on the table is playing at margins, increasing retirement age from 65 to 67 and adjusting rates for social security. this hasn't presented it
want to start with this. senator harry reid used an interesting analogy on the floor to describe the current state of the republican party. listen to this first. >> he's got a problem. he has three quarter backs, sanchez, he's got tim tebow, a guy by the name of mcilroy. he can't describe who is going to be the quarterback. that's the same problem that the republicans are having. romney is there but he's in the background. who is the quarterback, mr. president. >> hogan, what do you think? who's the quarterback? >> what a great question. i think, look, inherently the democrats have the advantage with the bully pulpit of the presidency. we don't have that out there right now. there are people who can talk about republican governance and why it's better and why we should lean towards that but until you have that, it's tough to rise to the level of the gravitas of those in the white house. this whole notion that we're some discome bob lated party, we took it on the election and there will be scrambling around after a big loss like that. but we've got some voices out there and we'll
senator harry reid is trying to arrange a vote on the debt ceiling in the senate on the floor today at 2:00 eastern time, an hour and 15 minutes from now. this is very strange. here's what harry reid said. he said, quote, senator mcconnell made a serious offer today to me with regards to the debt ceiling, a deal on the debt ceiling. i want a vote on it this afternoon. very strange but interesting, intriguing turn of the events. dennis: if you are harry reid and you run the senate and democrats controlled the senate you do not accept mcconnell republicans's proposal unless you get the outcome you want. they want the debt ceiling raised. mcconnell doesn't offer this unless he wants the death ceiling aised to remain a big uncertainty to work out a clip. cheryl: this news from one of our producers out of washington and this is just breaking right now so we will continue to follow this news out of the ec and get more details. cheryl: dennis: we will see the dow turned around on some optimism because having democrats and republicans working together at all on anything at this point seems like
. senate majority leader harry reid spoke up. but in his case, in the form of a swipe. >> i sympathyize with john boehner. the key party has a firm grip on the republican party, and that's obvious, what's happened this morning here in washington. >> reporter: that disconnect in the gop was in the spotlight today. jim demint spoke out against boehner's proposal to the president. >> republicans should not be conceding that the federal government needs more money, negotiating with ourselves, and treating the president's proposal like it's serious. >> very critical of john boehner. and demint's press release aimed squarely at john boehner. $800 billion tax hike will destroy jobs, allow washington to spend more. as you all know, john boehner put an $800 billion tax hike as a center of his proposal. so john boehner got rejected from the white house, which wants another $800 billion on top of that in tax hikes and then rejected by the right wing of his own party which wants absolutely no tax hikes at all. so unlike harry reid, i actually feel genuine sympathy for john boehner. so kudos, speake
'm happy not to filibuster it. i will announce tonight on your show i will work with harry reid to let him pass his big old tax hike with a simple majority if that's what harry reid wants. then they will be the party of high taxes and they can own it. >> all right. without that kind of republican strategic retreat, the december 31st deadline is not likely to be met. in today's jobs report it was positive and it beat the street and stocks went up. how do we move 150,000 jobs per month up to 300,000 which would be a real recovery? first up breaking news out of the supreme court this afternoon, the nation's highest court agreed to take up the explosive issue of same-sex marriage, agreeing to hear challenges to the federal defense of marriage act and california's proposition 8. nbc's pete williams joins us now from washington with all the latest details. good evening, pete. >> reporter: good evening, larry. the vilma case is the easier one. federal law signed into law by president clinton in 1996. it says if a person is legally married in a state, the federal government can't recognize those m
that money approved will not be easy. >>let white house sent letters to john boehner and harry reid requesting 60.4 billion saying after hurricane sandy they're funds necessary to finance. and there is impants . in dc money is quiet . speaker boehner said we have the request and we will view it they need to make sure they don't spend too much money they don't should saying it is our responsible to make sure they are giting the most . that i can sure they are times and targeted. governors of new york and jers. asked for it 79.billion and this is well short of governors and senators are thankful for the money and senators say it is it a tough fight in the congress given the fiscal cliff . members are not friendly to disaster relief. but the care has given a good head start. president obama signed an executive ordering the tax force . it will be shared by the secretary of housing and urban. >> and tough words from mike huckabee. when it comes to the bible. american is ignorant. >> news anchors and enterstain tainers who think they understand. they will have weird ideas about what the a
majority leader harry reid had to cancel a 5:30 p.m. vote because of fog. many lawmaker's flights were canceled because of the weather here in d.c. votes don't often get canceled because of weather. it happened during last summer's storm and then during the snowmageddon of 2010. >> bill: the senate could not work because of fog. >> irony is rich. >> bill: ben, i have to ask you. there's so much speculation about sunday's meeting at the white house. president obama and john boehner, mano y mano, eric cantor wasn't there nobody else in the room with him. and what does it mean, if anything? >> i think it means that they're at least talking and neither of them came out afterwards and said, you know, we're -- there's no chance for a deal. i think the less we hear in terms of a deal being made, the better. the fewer the leaks the fewer the complaints. the more the likelihood we get a fiscal cliff agreement at some point. there's still obviously the chance we go off the cliff. i think that's pretty unlikely to come t
now that the senate under harry reid has become a paralyzed nightmare. there is not a lot of influence you can really wield there. there is not a lot of things you can get done the composition of the senate may very well change after the 2014 but for the time-being it has to be frustrating for somebody like demint. he can have lot more interesting and effective influence on the outside with heritage. jon: what about tim scott taking his place? he is probably the favorite at this point. a black conservative in the senate. >> right. jon: what would that do oar four balance of power? >> i don't think it is making a difference, in the sense a conservative replacing another conserve. part of the reason senate is paralyzed is the senator demint is the king of filibuster. >> wait a minute. democrats have a big majority. they have a majority period but they had huge filibuster-proof majority first two years. >> they had a filibuster-proof majority, 27 days the senate was in significance. rest of the time they didn't have 60 votes you need to get rid of the filibuster. jim demint is more danger
reid is right there is no quaterback? >> so harry reid gives him a bone and says hold on.as puttine democrats on record they want to give this bump. these people are out-of-control. >>gregg: i watched the president's interview this week, i believe it was on tuesday, he said he is happy to look at ways to strengthen social security. he would be open to the idea of doing something about medicaid and medicare. this is the biggest driver, right? >> the president is indicating trial balloon, that he is willing to take on entitlements in some way. the real question to the republicans, then, and it could be signaled by speaker boehner going to the white house, will they cave operates for the wealthy and go up to 37 percent or 38 percent and allow the president to put entitlements on the board. >> anything less than 39 speaker boehner will call a victory. the republicans lost the election so they have to give in on taxes. >>gregg: 250,000 is not rich. up it to half a million. >> we still have coming in february or man unless they do a big deal, we have a new debt ceiling. >> in the middle o
the votes for the legislation. harry reid called his bluff and objected to putting the bill up for a vote, but after discussing it with his democratic members he got the support he needed and had a change of heart. claire mccaskill was priding when mcconnell objected to voting on the bill. >> is there an objection to the original request? >> objection is heard. i got whiplash. >> very strange. >> dick durbin reacted to mcconnell's move moments later. >> so this may be a moment in senate history when a senator made a proposal and when given an opportunity for a vote, filibustered his own proposal. i think we have now reached a new spot in the history of the senate we have never seen before. >> let's turn to bernie sanders. i'm laughing at it too, senator. this just goes to show either winging it big time. they don't have a plan other than to get in the way. what's your response to what unfolded on the floor and what we can look forward to in the future? >> i think dick durbin was right. in a time of dysfunctionality, this probably takes the cake when you filibuster your own probably. but t
senate democratic leader harry reid charging the real problem is infighting among speaker john boehner leadership team over whether the republicans will support tax rate increases. >> the speaker has to make an important decision. whether he is going to save his speakership, or the country. >> senate republican mitch mcconnell fired back that president obama can't get fellow democrats to back real spending cuts. >> we with r running out of time. time to to see if the president is willing to cut any spending at all. >> ia carney held up the president's budget plan again. >> it's not a mystery. we have seen this before. this is the document that contains the specific spending cuths. >> except in that budget, the president includes $100 billion in medicaid cuts. that would have come from shifting more costs to states. yet; just yesterday the department of health and human services revealed it no longer supports those cuts. because the supreme court landmark healthcare decision allows states to opt out of the new laws medicate expansion. when carney was pressed today on how to white house
majority leader harry reid paid tribute to ben nelson of nebraska yesterday and fessed up that the outgoing nebraska democrat has something he wants. the hint is in the top half of the picture. you're looking at it. let's take a listen to reid. >> if the truth were known, many, many senators would be very envious, as i am, and i would even think the presiding officer, about that hair of ben nelson's. i mean, that is a mop of real hair. it's often that people call his office, e-mail his office. they believe he has a toupee. it's his hair. he has hair like a 15-year-old, mr. president, and so i have to acknowledge i am a little envious of his hair. >> hair envy aside, nelson's real mark might be casting what many people called the deciding vote in favor of obama care. that was quite a moment. >>> up next, the new movie "zero dark thirty" suggests we wouldn't have gotten bin laden without torturing terror suspects. not everyone agrees, and that's ahead. you're watching "hardball," the place for politics. >>> i'm paige hawkins with breaking news. >>> welcome back to "hardball." one of the most
's what harry reid had to say about republicans today. >> not one of my favorite teams, but it's really, really fun to watch, and that's the new york jets. coach ryan. he's got a problem. he has three quarterbacks. sanchez, he's got tim tebow, and he's got a guy by the name of mcilroy. he can't decide who the quarterback is going to be. that's the same problem republicans are having. >> wow. for those of you who don't live in new york or follow football, the new york jets are an nfl team currently plagued by horrible things. infighting and embarrassing losses that culminating with mark sanchez's infamous butt fumble on thanksgiving. it shows how grim it is for the new york jets since their name is synonymous with failure and infighting. even when they won by a mechely point, their hometown paper slammed them. that was when they won. this also shows how far the gop has fallen. since mitt romney's big loss last month. like the jets there's finger points and nastiness. while the republicans haven't experienced their own butt fumble yet, they might not be far off. the jets last game of the
. now, harry reid using his time to take a special waiver to allow unbuttered popcorn in the auditorium. that's what passes for work these days. the president's holding another campaign style event as the middle class families, and with more, michael burgess of texas. congressman, great to have you object show again. >> great to be with you, thank you. gerri: everything's hanging in the banse, economy, middle class income, taxes, you name it, and you and your fellow house members are not going to work. >> well, wait, this is a 24-hour day job, seven days a week. i'm in new york tomorrow looking at the hospitals affected in hurricane sandy, and i feel like i need to do the ground work to investigate that for myself. gerri: you're doing work, but not all the people you work with in washington are. some are just taking time off before the holidays when this big issue is on the plate. nancy pelosi had to say about this. >> we should be here and came as a surprise, and i'm really surprised that the republicans would leave. we maim in tuesday, and we left wednesday at twelve o'clock noon. wit
chatter. the president speaks to senate democratic leader harry reid, we have learned. meeting yesterday at the white house with a speaker banner an in a speech in detroia couple of hours go the president extended little olive branch to the republicans. >> i have said i would work with republicans on a plan for economic growth, job creation and reducing our deficits. and some compromise between democrats and republicans, i understand people have a lot of different views, i'm willing to compromise a little bit. >> i spoke to an aide to one top republican leader who was a little bit upset by the comment the president would be willing to compromise a little bit. the white house did not disclose any details of the meeting with the president and the speaker yesterday only confirmed that communications remain open. tim john boehner remaining discussions are in place. david: the president said some things about a year ago that sounded like a perfect compromise. let me get your reaction. this was about a year ago. >> what they said was give us 1.2 trillion in additional revenues. which could be
very, very hard to block many pieces of legislation that the democratic leader harry reid was trying to pass through the senate. and demint made a point of personally going to harry reid's office to tell him face-to-face that he decided to resign. i can tell you as an observer of the senate watching relationships deteriorate, this was surprising but a good surprise. >> leaving on a good note at least with the majority leader in the senate. dana, thanks very much. and i'm joined now by senator demint along with heritage foundation founding trustee, the current president, we see the outgoing president, ed feulner, thanks for coming in. we're going to talk a little about the state of the heritage foundation and the republican party. the senator's here, the newsmaker, you shocked all of us. why did you do this? >> wolf, after this last election it's apparent we need to do more as conservatives to convince americans that our ideas and policies are going to make their lives better. the heritage foundation is the premier think tank, research organization, the premier idea group for the cons
of little bit off question. i want a yes or no. do you think that senator harry reid is going to get filibuster reform done? >> no. >> jennifer: oh! break my heart tomasky! come on. we were doing so well there for a minute. why wouldn't he? if it is a majority vote, why wouldn't he? >> you know, i'm not sure -- let me put it this way. that came out of my mouth somewhat as a surprise to me, actually. but that was my first -- that was my first instinct. i just think -- it's going to be hard to get 51 democrats, even though they're going to have 55, i know. i think is going to be tough to get 51 democrats to vote for that. governor, even if they do get it, i don't think this filibuster reform that they're getting is going to change very much. they're not necessarily hitting all of the choke points you might say. >> jennifer: but it might be more transparent. i hope you write about it. all right. michael tomasky special correspondent with "newsweek" "daily beast." up next, fast food workers going on strike. w
majority leader harry reid took him up on the offer today, mcconnell backed down. >> what we have here is a case i told everyone that we are willing to have that vote, up or down vote, and now the gop leader objects to his own idea. >> woodruff: meantime, republicans learned today the party was losing one of their most outspoken voices on fiscal issues. two-term south carolina senator jim demint announced that he will resign in january. to become the next president of the heritage foundation-- a conservative washington think tank. in a statement, demint said, a tea party favorite, demint had blasted the house republicans' proposal to raise revenue earlier in the week. south carolina's other senator lindsey graham lamented the loss of his colleague and friend. >> he really did strongly and passionately advocate for his position and did it very effectively, jim made the republican party quite frankly look inward and do some self evaluation, conservatism is an asset not a liability. >> woodruff: the other side of capitol hill was largely quiet today, with the house not in session, and mos
're not talking to each other, that doesn't mean they're not talking about each other. here's what harry reid had to say about republicans today. >> it's not one of my favorite teams but it's really, really fun to watch and that's the new york jets. coach ryan. he's got a problem. he has three quarterbacks. sanchez, he's got tim tebow. he's a guy named mcelroy. he can't decide who their quarterback is going to be. that's the same problem of the republicans. >> wow. if you don't live in new york or follow football, the new york jets are a nfl team that is currently plagued by horrible things. embarrassing losses, infights and culminated the butt fumble on thanksgiving of sanchez. it -- yeah. it shows how grim it is for the new york jets since it's synonymous with infighting. the hometown paper slammed
that on the floor and harry reid said i'm going to take a look at it and get back to you. few hours he said hey, mitch, let's do it. and we have the votes let's put it on the floor and mitch mcconnell said only if there's a 60 vote thresh hold and republicans lost a lot of leverage there. this -- remember the debt ceiling limit was something republicans thought they could deal on going forward and that they could maybe get some spending cuts and agreement to raise the debt limit. >> they thought they had the upper hand. mitch mcconnell sort of blew his own leverage. dick gephardt and the others you've spoken to say about the way the current leadership is handling this. >> they're optimistic. when i talk to the former house majority leader gephardt yesterday, he said i feel like there's a rhythm to these things and we're in a rhythm now where the principles, the president and speaker are talking and not leaking those calls. if you saw both the white house was very cagey about the call yesterday between the two men, speaker boehner wouldn't talk about the -- what the conversation was, and so ther
a letter to the majority leader harry reid saying we shouldn't have a negotiation of a treaty during a lame duck session of congress. i disagree with our move here. you had a treaty that was negotiated by my former boss, george w. bush. you had robert dole out there. i think the republicans are upset about diming but again disabilities. most of the major countries around the world have signed this. it should have been done. >> goldie, you in your very being would embody some problems that the republican party has. you're an intelligent woman of color. >> sure. >> what does the republican party have to do to make people like you feel it has something to say to to you? >> you know, i live in the american south and that's ground zero for this modern day gop. what i hear on the ground and i have worked both sides of the aisle. i have been open about that, people know it. >> sure. >> i think there is a policy issue, a set of policy issues, but there's also to a greater extent a messaging issue, and then, you know, in terms of just sheer infrastructure, obama for america put together a technologi
in the room and they didn't come. >> they didn't come. >> that was majority leader harry reid on the senate floor yesterday giving his tribute to retiring senator ben nelson. >> you know he's got hair like a 15-year-old. >> you do, too. >> i do. >>> coming up, political analyst jeff greenfield and "washington post" eugene robinson and then the republican party is on a mission definitely not to repeat the mistakes of the past year. and the man in charge of finding those solutions, former mississippi governor haley barbour will join us right here on "morning joe." >> is that a toupee? >> wow. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. to the best vacation sp(all) the gulf! it doesn't matter which of our great states folks visit. mississippi, alabama, louisiana or florida, they're gonna love it. shaul, your alabama hosp
it is presented. thank you. >> the leaders also weighed in on the talks today. harry reid said that efforts were slow to a deal. it'll be too difficult to reach a deal before christmas. >> i'm sorry. start over again. speaker boehner says he is waiting on president obama to outline spending cuts. this is kind of a strange thing for the speaker to say. president obama outlined specific cuts in his proposal to the republicans. republicans have not offered anything specific in cuts whatsoever. and nothing specific in revenue whatsoever. all generalizations. republicans want more spending cuts. tell us what you want, we say to them. we cannot read their minds. we will not make a proposal for them. they know that we are willing to make tough choices on these issues. i hope they understand by now that we will look out for the middle class first. illinois standing in the way of an agreement is republicans. -- the only thing standing in the way of an agreement is republicans. there is a lot of bluster coming from the republicans about society kremlin quickly. every day -- crumbling quickly. they are cal
but certainly doesn't mean they will get a deal. interesting all the other leaders, nancy pelosi, harry reid, mitch mcconnell, they're all out. in the end it will be the president and the leader of house republicans speaker boehner and they will have it make a deal both sides can live with. martha: for all intents and purposes john boehner continues to say that he will not raise taxes on that top 2%. that he wants that revenue to come in the form of changing deductions and loopholes. the president says exactly the opposite. so one side is going to have to give. any bet which side it is likely it be? >> on that issue i think the republicans are going to have to give. it was a key issue in the election. and remember, it's unsustainable i think politically for boehner, forget the economics of this. i know people say that should be the only issue here. let's talk about the politics of it. it is unsustainable for boehner and the republicans to be in a position where they are blocking a tax cut for 98% of the americans because they want it protect tax rates of the top 2%. that may be right or wron
endingle who was defeated by harry reid in 2010. as forde mint's replacement colbert said the choice is clear. >> let's see you want somebody young. somebody conservative. somebody from south carolina. maybe somebody who has a super p.a.c. >> reporter: now the governor has not indicated whether she favors colbert or anyone else. she may not make her decision for another month or so. but if by some small chance he's not selected norah and charlie he could still run for the seat outright when both of south carolina senate seats are up for grabs in 2014. >> all right, nancy cordes. i won't hold my breath on that one. from stephen colbert to justin bieber. he says winning a grammy award is one of his goals but it won't happen this year. he didn't get a single nomination and he's not happy about it. we'll show you what's next. >> this portion of cbs "this morning" is sponsored by party city. dress up your holiday party. party city nobody has more party for less. ,,,, >>> this is a cbs 5 eyewitness news morning update. >>> good morning everyone. it's 7:56 i'm michelle griego. a man who fel
senate majority leader harry reid. both democrats wanted to make sure president obama will not freeze them out of fiscal cliff negotiations. far from frozen, some set of republicans appear to be warming to higher tax rates on households earning more than $250,000. if and only if that leads to benefit cuts in health care entitlements like medicare and medicaid. >> give the president the 2% increase that he's talking about, the right increase on the top 2%, and all of a sudden, the shift goes back to entitlements. >> but house republicans, the key to any fiscal cliff deals remains suspicious. >> the president wants the rates to go up, that doesn't solve the problem. we don't want to be back here in another year, in another ten years answering the same questions. >> reporter: the republican co-chairman of the deficit reduction commission said higher tax rates are inevitable. >> if anybody out there who's, quote, rich doesn't think their taxes go up, the drinks are on me. i'll cover it. >> reporter: mr. obama and house democrats are open to making wealthier taxpayers pay more in medicare
Search Results 0 to 49 of about 69 (some duplicates have been removed)